NEVER SKIP DUE DILIGENCE (INVESTIGATION) WHEN BUYING LAND OR HOUSE

NEVER SKIP DUE DILIGENCE (INVESTIGATION) WHEN BUYING LAND OR HOUSE

Earlier this week, a young man in Port Harcourt found Apex Chambers online, called us and booked a legal consultation session.

He had just seen a piece of land he liked, paid the full purchase price, obtained a Survey Plan and even had the purchase documents prepared by a Lawyer and signed by all parties.

On the surface, everything looked perfect. But looks do not protect land buyers in Nigeria.

The client asked us to conduct a comprehensive investigation of the land. We swung into action.

What we discovered was shocking. The co-ordinates on the Survey Plan did not relate to the land he paid for at all. It was for an entirely different land.

Those wrong survey details were reflected in the Deed of Conveyance. Legally, that meant both the Survey Plan and the Deed had no legal force or value.

In the eyes of the law, the documents were dead on arrival. Both documents had to be redone from scratch.

Legally, the land ownership has not been transferred to the buyer. Sadly, the buyer had no idea. This is avoidable mistake.

This is exactly why you should engage an experienced Property Lawyer very early. Due diligence must come before paying or preparing/signing purchase documents.

If proper investigation had been carried out earlier, the wrong survey would have been detected immediately, saving the buyer stress and extra cost.

Avoid property purchase mistakes.

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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls & Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com.